Defined benefit pension plan distribution decisions by public sector employees

Studies examining pension distribution choices have found that the tendency of private-sector workers is to select lump sum distributions instead of life annuities resulting in leakage of retirement savings. In the public sector, defined benefit pensions usually offer lump sum distributions equal to...

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Veröffentlicht in:	Journal of public economics 2014-08, Vol.116, p.73-88
Hauptverfasser:	Clark, Robert L., Morrill, Melinda Sandler, Vanderweide, David
Format:	Artikel
Sprache:	eng
Schlagworte:	Annuities Defined benefit pensions Distribution choices Local government North Carolina Pension schemes Private sector Public employees Public sector Retirement U.S.A
Online-Zugang:	Volltext
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